Links

Link

Weathering the Learning Curve when Trend Following

Starting anything from the beginning is always hard. Trend following especially is no different. Weathering the learning curve of trend following leaves many new traders with unfilled expectations. These traders feel that they have done the work and the trade has to work. Well, with trend following regardless of analysis and plan any trade is 50/50. As soon as the trading gets challenging with trend following they start to look for someone else or better. Better does not exist. Trend following is a marathon. There is a learning curve with trend following.

I heard a great sentence yesterday in which I would like to share..

Learn from other people’s mistakes not your own!

This really is the essence of my mentoring courses. You will learn what you have to do in order to stay in the game of trend following. You need to have an exact plan which matches your personality. Every possible outcome is pre thought out. Every contingency when trend following is preplanned. There are no surprises. You will have times there will be gaps against you or limit moves. This is reality and no sugar coating anything.

You will need to have discipline and patience to let your plan work. You will learn to forget about egos and being right. You will not be influenced by other traders or the news. This is what my one on one mentoring does. It gives you the tools to be part of the 10% of traders who are successful over time. It is not about any secret sauce indicator or trading system. It is all about you. It is about you executing a trading plan that matches your personality and that you can implement.

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts, commodity options or forex can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

Be Sociable, Share!

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>